What is an Aggregate Corporation?
As one of the more common types of corporation, the aggregate corporation is a body of individuals who have united under a common business name with the purpose of conducting a specific type of business enterprise. One of the distinguishing marks of the aggregate corporation has to do with the establishment of a clear line of succession with the ranks of the officers of the company. Along with this line of succession is a great deal of control vested in the person who currently occupies the first position in the line of succession. Here is some information about aggregate corporations, and how this process works.